Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Stocks jump despite shutdown; we bought more of our newest stocks

October 4, 2025

Chinese military’s new underwater unmanned systems are ‘disruptive’, intelligent: journal

October 4, 2025

China’s J-16 aircraft expelled 2 foreign stealth fighter jets last year: report

October 4, 2025
Facebook X (Twitter) Instagram
Saturday, October 4
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Donald Trump says China’s Xi Jinping is ‘hard to make a deal with’
USA

Donald Trump says China’s Xi Jinping is ‘hard to make a deal with’

adminBy adminJune 4, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 80


Unlock the White House Watch newsletter for free

Your guide to what Trump’s second term means for Washington, business and the world

Donald Trump has described Xi Jinping as “extremely hard to make a deal with” as the two countries face off over claims from the US that China is reneging on a trade truce signed in Geneva last month.

“I like President Xi of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” the US president said on his Truth Social platform.

It was not immediately clear if Trump’s comments were in response to recent direct contact with Xi.

The comments follow accusations from Washington last week that China is failing to live up to a promise to approve licences for exports of rare earths, leading to shortages that are threatening to shut down parts of US industry.

China in turn accused the US this week of “seriously violating” the trade truce that the two economic powers agreed in Switzerland.

Trump and his officials have insisted that a conversation between the US president and his Chinese counterpart is needed to resolve the trade dispute but Beijing has given no indication that it has agreed to a call between the two leaders.

On Tuesday, China’s foreign minister Wang Yi told David Perdue, US ambassador to China, that Beijing had “earnestly and strictly implemented the consensus reached by both sides” in Geneva.

“Unfortunately, the US has recently introduced a series of negative measures on unfounded grounds, undermining China’s legitimate rights and interests, which China firmly opposes,” Wang said.

Recommended

Rare-earth mine in Bayan Obo a mining town in Inner Mongolia in China.

After the Geneva talks, the two countries slashed tariffs on each other’s goods for at least the next 90 days, with the extra levies the US imposed on China this year falling to 30 per cent and China’s declining to 10 per cent.

As part of the deal, China also agreed to “suspend or cancel” non-tariff measures against the US but did not provide any details.

US officials believed that Beijing would unwind export restrictions on rare earths that Beijing unveiled in early April, and grew increasingly frustrated by the slow pace of approvals.

The Chinese said the US had violated the Geneva agreement by stepping up controls on Huawei chips globally, halting sales of chip design software to Chinese companies, and cancelling visas for Chinese students.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

USA

Why Intel investors have embraced an interventionist White House

August 28, 2025
USA

Trump’s attack on the Fed threatens US credibility

August 27, 2025
USA

The next stage of the Fed takeover

August 27, 2025
USA

Surging US electricity prices put Trump pledge in jeopardy

August 27, 2025
USA

EU moves to shield aluminium from Trump tariff blow

August 27, 2025
USA

Donald Trump’s battle against the Fed heads for courtroom showdown

August 26, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Trump’s $100,000 fee for H-1B worker visas challenged in lawsuit – Business & Finance

October 4, 2025

Pakistan delivers first shipment of rare earth elements, critical minerals to US – Markets

October 4, 2025

PIA to resume UK operations from October 25 with Islamabad-Manchester flights – Business & Finance

October 4, 2025

Pakistan courts US with pitch for new Arabian Sea port, FT reports – Markets

October 4, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Stocks jump despite shutdown; we bought more of our newest stocks
  • Chinese military’s new underwater unmanned systems are ‘disruptive’, intelligent: journal
  • China’s J-16 aircraft expelled 2 foreign stealth fighter jets last year: report
  • What will rise of Sanae Takaichi mean for China’s ties with Japan?
  • Mysterious drone flights in NATO airspace have caused alarm across Europe. Here’s what we know

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Stocks jump despite shutdown; we bought more of our newest stocks

October 4, 2025

Chinese military’s new underwater unmanned systems are ‘disruptive’, intelligent: journal

October 4, 2025

China’s J-16 aircraft expelled 2 foreign stealth fighter jets last year: report

October 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.